00psst...
That compressor is meant for a nail gun, blow gun, and inflating tires. Its not meant to be used with a paint gun, let alone an HVLP. HVLP means high volume low pressure. Your Compressor probably puts out around 4cfm@90, and that May not even run a paint gun, and if it does you wont get very good results. you want something in the 10cfm@40 range to get good results, and some guns need even more.
Start a new thread titled something like "what compressor to buy" or whatever and tell us your requirements, if you do any automotive work, and most of all your budget, and well help to pick ouit whats best for your situation.
Jim